Cryptomania has been riven by fear, doubt, and economic reality. Investors and entrepreneurs envisioned cryptocurrencies and decentralized finance as the revolution that would upend reigning payment systems like Mastercard, Visa, PayPal, Western Union, Swift, fiat currencies, and traditional financial intermediaries….
Are you tired of all the winning yet? If you are a conservative who has followed the trajectory of the Consumer Financial Protection Bureau (CFPB), you might be getting to that point. From its inception, the CFPB has been a…
The messiness of the long-proverbial “mess in Washington” stands out this post-holiday week like a picked and evacuated turkey carcass. To itemize: The tax debate, so called. The furor over who’s to run the Consumer Financial Protection Bureau — assuming…
Rep. Ann Wagner (R-MO) may have had the best response to yesterday’s resignation announcement by Consumer Financial Protection Bureau Director Richard Cordray. The statement, sent to reporters and posted on her website consisted of just two words: “Good riddance.” Wagner…
This afternoon President Trump is expected to sign a bill passed by Congress, with Vice-President Michael Pence as the deciding vote, that overrules a July 2017 regulation created by the Consumer Financial Protection Bureau to forbid mandatory arbitration clauses in…
In the private sector and during his short time as president, Donald J. Trump has never been shy about firing subordinates. Yet some powerful Obama holdovers seem to have a puzzling staying power. The recent decision of the Justice Department…
Add another one to the long list of reasons why President Trump should fire Richard Cordray, the Director of the Consumer Financial Protection Bureau. They include spending public money to create a palace for the Bureau, evidence of widespread discrimination against…